Michael Miebach, President, Middle East and Africa, Master Card Worldwide, speaking at the formal opening of the MasterCard office in Qatar, at St Regis Hotel Doha, yesterday. Kammutty VP
Doha: In line with its commitment to expand its presence in the Middle East and Africa and extend seamless support to customers, global payments and technology company MasterCard has opened its dedicated office in Doha.
The official launch was hosted by Michael Miebach, President, Middle East and Africa, MasterCard Worldwide.
The launch of office in Doha follows recent successful product launches by several leading financial institutions in Qatar working in close collaboration with MasterCard.
They have led to the development of highly innovative payment solutions, most notably the MasterCard® PayPass™ payments programme, which enables customers to make payments by tapping their contactless card, key fob or cell phone on a point-of-sale terminal reader. MasterCard’s PayPass contactless payment network now boasts nearly 550,000 merchant locations in 48 countries as of Q3 2012.
Commenting on the launch of MasterCard’s office in Doha, Michael Miebach said:
“Over the last two decades, MasterCard has been at the forefront of advancing electronic payments in the Middle East and Africa from debit, credit and prepaid cards to emerging payments such as contactless and mobile payment solutions. Our geographical presence and market position have witnessed sustained growth and today with the launch of our office in Doha, we have achieved yet another significant milestone.”